Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,365,000
Community centers
4026 Wards Rd Lynchburg, VA 24502-2977
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US87-1601975
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2001
Total area
71,626 SF
Lot
14.74 ac (641,857 SF)
Zoning code
B5C
APN
257 05 007
UPID
US87-1601975
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
UPS Access Point location Courier Service Postal Service
-
The Good Feet Store Orthotics & Prosthetics Service
-
GameStop Arcade & Gaming Center Electronics & Wireless Store
-
Lane Bryant Clothing & Fashion Store
-
Rack Room Shoes Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.14M
Blend (final)
Blend
$2.37M
Owner & transaction history
222 Satterfield Landing LLC
222 Satterfield Landing LLC
since 2025
7 recorded transactions
Zoning & alternative use
B5C · Lynchburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.0M
+6.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynchburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynchburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,790,000
Current use
INDUSTRIAL (GENERAL)
$2,965,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$2.37M
Range $2.13M – $2.60M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$33 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$134,484
Tax year 2024
Assessed value
$15,110,600
Assessed 2024
Previous assessed
$15,110,600
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$4,273,500
Assessed improvement
$10,837,100
Land market value
$4,273,500
Improvement market value
$10,837,100
Total market value
$15,110,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2001
Heating
NONE
Buildings
1
Stories
1
Rooms
10
Total area
71,626 SF
Lot
14.74 ac (641,857 SF)
Zoning code
B5C
APN
257 05 007
UPID
US87-1601975
Jurisdiction
LYNCHBURG CITY
Zoning & alternative use
B5C · Lynchburg, VA
Zoning B5C · permitted uses
B5C · Lynchburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynchburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Stories
1
Buildings
1
Rooms
10
Lot
14.74 ac
Current owner
From public records · entity-resolved
222 Satterfield Landing LLC
Entity
Mailing address
8816 6TH FRKS RD STE #201, RALEIGH, NC 27615-2983
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2025
$5,600,000
222 Satterfield Landing LLC
Lva Property LLC
Bargain & Sale Deed
$1,950,000 · South State Bank NA
Nov 9, 2022
—
Frontier Lynchburg LLC
—
Deed
related
$1,200,000 · Virginia Partners Bank
Jul 13, 2022
—
Lva Properties LLC
—
Deed
related
$3,000,000 · Frontier Community Bank
Oct 22, 2020
$3,800,000
Bradley A Luster
Sbmc Lynchburg LLC
Special Warranty Deed
—
Apr 8, 2016
$16,000,000
Lynchburg Wards Crossing LLC
Ia Lynchburg Wards L L C
Special Warranty Deed
—
Mar 10, 2010
$15,987,930
Ia Lynchburg Wards L L C
Ddrtc Wards Crossing LLC
Special Warranty Deed
—
Mar 14, 2007
$19,462
Ddrtc Wards Crossing LLC
Inland Southeast Lynchburg L L C
Quit Claim Deed
related
$12,903,920 · Not Available
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4026 Wards Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
